this post was submitted on 20 Mar 2024
219 points (97.8% liked)
Asklemmy
43899 readers
1138 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well, idk about set for life. Most trades I know spend all their money on toys, and get too old physically before realizing that maybe they should've been saving for retirement all those years.
I had a travel job broadly under the umbrella of trades, we were pulling like 85k+ between overtime and per diem working 6 days a week. Maybe 2 months into this job we were having some meeting about the upcoming 2 week break for Christmas and one of the younger guys makes some comment about missing out on hours and says 'man we're broke'.
I'm just sitting there like ???? I thought you guys were exaggerating about the $1k+ nights at strip clubs. I had already maxed my ira contributions and run out of things I could think of to waste money on.
An Arborist I knew made bank, but threw it down the sink with every paycheck.
Be sure to learn how to invest kids, compound interests pays well and you don't have to work doing something you hate if your money works for you.